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Reply #21: Re: Tax Refund [View All]

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Mithras61 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-15-04 10:47 AM
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21. Re: Tax Refund
Let's see. our income this year went up 90%, and my taxes went up 250% (Hey, I got a decent contract job).

Gee, THAT'S quite a refund/tax cut! I guess it seems fair! (NOT!).

Actually, it isn't too bad, since the increase in pay is mostly saved against the future's unemployment (I can't plan on having a job tomorrow, much less next month because I'm under short-term contract which could vanish at any time), but I guess I'll have to start looking for some sort of tax shelter. DAMN, I HATE THOSE WORDS. I shouldn't have to try and protect my income because some slacker multi-millionaire doesn't want to pay their fair share!

I think we should push for a flat tax. Everyone pays 10% of their total income over the poverty line (about $18K isn't it?). No shelters, no protections, no exemptions, no deductions, no special treatment for corporations. That'd make tax forms much simpler and the IRS' job easier for the millions of honest people out here. Of course, we'd have to have a clear, simple definition of income, or someone would find a hole in it.
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